Stock Rating Downgrade
Reflecting eroding fundamentals and low Appreciation Potential, the Value Trend Rating for Hub Group Inc (NASDAQ: HUBG) weakened of late. HUBG’s current Value Trend Rating is C and the prior Rating was B. Details supporting this lower rating are included in our next report.
Recent Price Action
On 4/8/24, Hub Group Inc (NASDAQ: HUBG) stock increased 1.4%, closing at $43.01. However, trading volume in this advance was unusually low at 62% of normal. Relative to the market the stock has been strong over the last nine months but is unchanged during the last week.
Current PriceTarget Research Rating
HUBG’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be a Value Builder.
Hub Group has a current Value Trend Rating of C (High Neutral). The Value Trend Rating reflects highly consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Hub Group has a neutral Power Rating of 58 and a slightly positive Appreciation Score of 62, triggering the High Neutral Value Trend Rating.
Be the first to comment